Ergomed Share Discussion Threads

[johnrxx99] 26/4/2021 07:16

New office opened in Tokyo.

[piedro] 12/4/2021 21:51

12 Apr 2021
MedSource and PSR Orphan Experts rebrand to Ergomed
Today, we are delighted to share the exciting news that following the successful integration of both PSR Orphan Experts and MedSource we will be aligning all our CRO businesses under the Ergomed name.

[frankwhite] 08/4/2021 11:36

Low volume today abnormally affecting the share price, classic sign of a buying opp if ever I saw one! So I topped up.

[blueflame] 07/4/2021 19:31

What a strange close with the un crossing trade at 1165p.

[capitalist] 07/4/2021 13:45

Well, I have taken the opportunity to top up a wee bit.

[grabster] 07/4/2021 11:29

What happened at 11am to trigger the drop?
(I don't have L2)

[blueflame] 07/4/2021 11:17

Wow never expected this to fall as much as this especially with the markets being so strong and more so the USA markets. Surely a great buying opportunity if it gets much cheaper.

[piedro] 07/4/2021 10:48

Should find support around £10.
Could be an excellent opportunity for latecomers

AHIMO, BWDIK.

[adorling] 07/4/2021 10:33

Obviously someone or some fund is selling as we have retraced 16% now in 4 weeks? Recent Results and investor presentations were robust?

[hsduk101] 06/4/2021 10:51

Down to 1112.80 currently. Thought it would have bounced back from last week's falls.

[grabster] 29/3/2021 06:59

Thanks Maddox. Excellent presentation. Ergomed's strategic positioning seems beautifully attuned to worldwide requirements and opportunity.

[maddox] 27/3/2021 18:11

Richard Barfield, CFO Ergomed on Shares Magazine - Shares Investor Evening



Excellent presentation. Very strong results – two acquisitions, strong growth, US market presence is paying-off, strong cash generation based on high cash conversion (98%) and a huge order book (up 55% under-pinning future growth).

ERGO has led the development of digitisation of service delivery which has of course been thrust forward with Covid-19.

It’s likely that ERGO will finance further acquisitions funded out of its own resources. In this growing market with high quality returns – this is good use of its cash. So forward p/e of 40 is not cheap but fair value in consideration of a fast organic growth and internally funded acquired growth.

Regards Maddox

[ihatemms] 25/3/2021 16:51

link has arrived in my inbox but struggling to copy and paste it. It keeps on producing blank links. Is there somebody more IT literate than me who attended the presentation could post the link . Sincere apologies.

[ihatemms] 25/3/2021 08:06

Slides will be available today but video not til a week later. I will post the links when they’re available.

[blueflame] 24/3/2021 23:53

Do you have a link to a replay of the AJ Bell interview?

[ihatemms] 24/3/2021 20:32

RB was excellent in the AJ bell interview - snippets - ‘strong momentum continuing into 2021; we will be part of the M&A in the mid-tier sector; US listing is on the radar (though not in the near term).

Still got my 25000 shares core holding. I won’t be selling any whilst Barfield is still there. According to his pro-active interview yesterday‘we are still at the beginning of the journey’.Unbelievable when you see the share price has tripled in 9 months!!

[adorling] 23/3/2021 13:12

BF agree with you - a very confident and professional interview with RB and looking forward to him presenting tomorrow evening at the AJ Bell Shares Webinar.

[blueflame] 23/3/2021 10:31

Super confident interview from the excellent Richard Barfield. This is such a quality cash generative company with more acquisitions surely planned for this year. The USA side of the business is growing fast and this is sure to be were any future purchases are planned. Great stuff. https://www.proactiveinvestors.co.uk/companies/news/944610/ergomed-in-strong-position-after-storming-performance-in-2020-944610.html

[blueflame] 23/3/2021 07:54

Excellent results, who knows what the share price will do though.

[blueflame] 22/3/2021 11:02

Results out tomorrow, surely business will still be going gangbusters. Fingers crossed.

[grabster] 11/3/2021 09:20

In post 842 (5 Feb) I was looking for the (5 Jan to 10 Feb) 1200p ceiling to be confirmed as a new floor before adding to my stake. That hasn't quite happened, but three bounces off 1175p might count, once it closes above 1295p?